Madison, WI – Widespread power outages and skyrocketing customer bills due to a frigid February freeze in Texas are raising questions about the way the state regulates power providers.
We brought in a panel of experts to weigh in on questions about regulation, reliability, and what went wrong in Texas.
Our panel includes:
- John Carr, Vice President – Power Supply, Dairyland Power Cooperative
- Paul Griffin, Executive Director, Energy Fairness
- Kira Loehr, Partner, Perkins Coie
Listen to The Electric Wire, Episode 11, “Regulation, Reliability…and Texas” wherever you listen to podcasts, or on our You Tube channel, here: https://youtu.be/KLgkLcI_mp0
We’ll address the following questions in this roundtable discussion:
- What is the role energy choice played in the Texas system outages?
- How can we prevent this type of massive, prolonged power outage from happening here?
- Are grid updates needed to prepare for more extreme weather events?
- Was any generation source the clear winner or loser coming out of this situation?
Links Referenced in Podcast
“The real problem in Texas: Deregulation,” Opinion Column by Paul Griffin, Utility Dive, February 24, 2021
“Texas Energy Co-Op Files For Bankruptcy After Storm, High Bill,” NPR, March 1, 2021
Other Relevant Reading
“Texas Electric Bills Were $28 Billion Higher Under Deregulation,” Wall Street Journal, Feb. 24, 2021
“Texas Overcharged $16 Billion for Power During Freeze, Monitor Says” Wall Street Journal, March 4, 2021
“The $16 Billion in Texas Power Overcharges? Monitor Says Only $3.2 Billion Can Be Undone,” Wall Street Journal, March 11, 2021
“Texas PUC doubles down on refusal to reprice $16B market ‘error’ under pressure from leg, governor,” Utility Dive, March 12, 2021
Other Podcast Episodes Relating to this Topic
The Energy Gang Podcast: “The Texas Grid Failure,” Feb. 24, 2021
Columbia Energy Exchange: “Making Sense of the Texas Energy Crisis,” Feb. 22, 2021